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/story-law/knowledge.md

Story LLP · Knowledge

The founder’s law library.

Plain-English guides from the attorneys who build Story — fundraising, equity, formation, and working with lawyers.

⌘K

Start hereFounder DIY Guide

Topics

Format

FundraisingEquityEntity FormationEmploymentLegal StrategyContracting with Software EngineersLitigation

[

Start here

Founder DIY Guide

The step-by-step path through the legal work a new company actually has to do — free, and in order.

Open the guide](https://story.law/founder-diy-guide)[

Interactive map

What actually happens when your startup gets sued

A map of American civil litigation, drawn to scale. The boxes are sized by what they cost you.

Open the map

](https://story.law/knowledge/litigation)

Fundraising

5 guides

Series A, explained

What it is, when it's time, and why Preferred Stock isn't just more stock.

Guide12 min→

Series A diligence: the 3 docs VCs want

Cap table, IP ownership, revenue proof — what VCs check first.

Guide8 min→

Cap-table detox

Clean ownership math before your Series A.

Guide10 min→

Data rooms: Marie-Kondo your docs before diligence

Organize your data room before diligence to cut delays and legal fees.

Guide9 min→

SAFEs: what they are + how they convert

A founder-friendly explanation of SAFEs and conversion in an equity financing.

Interactive16 min→

Equity

5 guides

Startup equity, explained

Equity instruments explained for smart founders, not lawyers.

Guide15 min→

What's in your cap table?

Authorized vs. issued, reserved vs. granted, ISOs vs. NSOs, exercising, vesting, and convertibles, shown on the real thing.

Guide5 min→

Early exercise & founder-trap equity decisions

Why early exercise, long windows, and acceleration often hurt more than they help.

Guide11 min→

How Story.law builds a cap table from your source documents

Lawyer logic, legal-effectiveness checks, and diligence-ready outputs, built from your documents’ reality.

Guide18 min→

Restricted stock vs. options

Why Aegis defaults to options for employees — the key differences.

Guide9 min→

Entity Formation

4 guides

What a corporation is (and how to form one)

Entity formation guide for Delaware C-corps.

Guide12 min→

S corporations: the tax election your accountant forgot to explain

Understanding S-corp elections for startups.

Guide15 min→

Forming an LLC for a US startup

For angel-to-Series-A startups considering an LLC.

Guide10 min→

The Delaware flip

What a flip actually means for non-US founders raising from US investors.

Guide10 min→

Employment

2 guides

Independent contractor vs. W-2 employee

The risk-first guide for startup founders on worker classification.

Guide13 min→

Class-Action Proof Your California Startup

How to prevent wage-and-hour class actions and PAGA claims before they start.

Guide9 min→

Legal Strategy

3 guides

Legal process matters

Templates vs. documents vs. processes for startup founders.

Guide12 min→

Get value from lawyers without going broke

How B2B startup founders actually work with outside counsel.

Guide12 min→

Securities exemptions: Form D vs. blue sky vs. no action

Your options for exempting investment securities — a US startup guide.

Guide12 min→

Contracting with Software Engineers

5 guides

Contract terms every founder should require from a dev agency

The clause-by-clause breakdown: scope, payment, acceptance, IP, warranty, and what to push for in each.

Guide12 min→

Who owns the code your agency builds?

Paying for code doesn’t make you the owner. Assignment vs. license vs. work made for hire, explained.

Guide13 min→

Writing acceptance criteria for a dev project

How tight your spec needs to be to hold a dev shop to a working result, not just hours spent.

Guide12 min→

Warranty and support terms to require from a dev agency

What a warranty actually buys you, when to negotiate a longer window, and when to pay for a support retainer instead.

Guide11 min→

Subcontractors, NDAs, and non-solicits: vetting a dev agency’s team

You have no contract with the people your agency subcontracts to. Here’s how to close that gap.

Guide12 min→

Litigation

3 guides

What actually happens when your startup gets sued

A map of American civil litigation, drawn to scale. The boxes are sized by what they cost you.

Interactive7 min→

You got a “tracking technology” demand letter

Who is sending the CIPA and pixel demands, why, and what actually drives your exposure.

Guide14 min→

Attorney-client privilege, and why you’d care

Typing your worst moment into a chatbot — and what the 2026 courts said about it.

Guide17 min→